In an op-ed, Prof. Aswath Damodaran explains the US tax code's business implications

— April 29, 2014

Excerpt from CNBC -- "If there is a politician who is courageous enough to take on this challenge, here is my advice. First, keep the new tax law simple since complexity is guaranteed to bring with it unintended (and bad) consequences. Second, remember that the tax code is first and foremost a revenue-generating device and not an instrument for social change or punishing bad behavior."